Nvidia Shares Fall 2% as Tech Sector Retreats on Hot US Inflation Data

Key Facts

1Nvidia shares fell more than 2% on Wednesday as hotter-than-expected US inflation data triggered a broader market sell-off.

2The decline marked the fifth time in six sessions that Nvidia shares traded lower, with the stock trading 8% below its all-time high.

Nvidia shares fell more than 2% on Wednesday as hotter-than-expected US inflation data triggered a broader market sell-off. Invezz reported that the decline marked the fifth time in six sessions that the stock traded lower, leaving it 8% below its all-time high.

NVDA closed at $228.52 on October 13, 2026, amid a wider retreat in the semiconductor space where peers AMD and TSM closed at $605.53 and $445.12 respectively on the same date. The price action follows a reassessment of interest rate expectations as persistent inflationary pressures drive Treasury yields higher, weighing on high-growth technology equities.